Seasonal Trades

January 29th, 2020, 08:51 AM

AntoniusBlock

So your current position is SX20-WN20? Is there a reason you chose new crop rather than the suggested May contracts?

Regarding this trade, I do not follow any suggestion.

Regarding beans, planting area will be reduced compared to current assumptions in my opinion. This influences new crop.

Old crop wheat is tight, there is a chance this tightness will be reduce by new crop.

Generally, contracts further out have the advantage not to be influenced by traders.

Additionally, I see this trade as a long term trade.

Best regards, Myrrdin

January 29th, 2020, 09:24 AM

Kruger

Is anyone else considering this spread trade: Buy May20 Soybeans & Sell May20 Wheat (CBOT)?

The entry price is attractive (low) but this is somewhat risky considering the ongoing China-USA trade debacle. I am monitoring the movement for a possible entry early Feb.

Will appreciate the views of the seasoned traders.

Regards

I do not have a position in this particular spread yet, but I am watching it closely. I have been short soybeans for a couple of weeks, looking for an exit point on them as I think the downtrend is about over -for the time being-. I also recently went short some wheat as I believe it is over-valued.

So from a fundamental standpoint, this spread looks pretty good IMO.

January 30th, 2020, 12:54 PM

volramp

Considering to enter the following trade :
HE (Lean Hogs) -Apr20/+Aug20 from 13

Entered Jan21 at 12.7 closed today at 13.575
Nice $350 profit per spread in 9 days.

January 30th, 2020, 01:16 PM

volramp

Entered Jan21 at 12.7 closed today at 13.575
Nice $350 profit per spread in 9 days.

I sold this spread today. In my opinion, it is overdone now.

Best regards, Myrrdin

January 31st, 2020, 02:12 PM

myrrdin

I sold this spread today. In my opinion, it is overdone now.

Best regards, Myrrdin

I also exited this spread today at 16.00. Hogs just getting hammered, looks like an exhaustion gap. Getting out and re-deploying capital to things with more return.

February 2nd, 2020, 01:22 AM

Considering this:
NG short June / long Dec 20

February 4th, 2020, 04:28 AM

NG got further to go down?

February 10th, 2020, 01:13 PM

volramp

Considering this:
NG short June / long Dec 20

Entered Feb 3 @ 0.432
closed today @0.494

February 20th, 2020, 02:52 PM

hi myrrddin

different spread - still seasonal...

thinking about LEJ20-HEj20.

any thoughts about short term behavior thru out the day?

interested in English or German reply

greetings SPOMI

February 20th, 2020, 04:05 PM

spomi

hi myrrddin

different spread - still seasonal...

thinking about LEJ20-HEj20.

any thoughts about short term behavior thru out the day?

interested in English or German reply

greetings SPOMI

I just bought a first lot of HEM20-LEM20. In my opinion, hogs are undervalued, and Live Cattle are overvalued, regarding the June contracts.

I do not intend to enter the seasonal trade in the April contracts.

Best regards, Myrrdin

PS: As most readers here understand English better than German, I preferred to answer in English.

Seasonal Trades

Discussion in Commodities

Seasonal Trades